Money Purchase · DOL Form 5500 · 2024
Massachusetts Financial Services Company Money Purchase Plan
Data updated 2026-08-25
- $936M
- Total assets Above avg plan size
- 1,723
- Participants Near avg headcount
- 98th
- Percentile by assets National rank
- $543,002
- Avg per participant High balance/head
Official DOL plan name: Massachusetts Financial Services Company Defined Contribution Plan · Sponsored by Massachusetts Financial Services Company · Massachusetts · Finance & Insurance
$936M in assets, 1,723 participants
Massachusetts Financial Services Company's Massachusetts Financial Services Company Defined Contribution Plan reported $936M in total assets and 1,723 participants in its 2024 DOL Form 5500 filing, ranking in the 98th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- #8,285 in Finance & Insurance (8,549 peers)
Coverage in Massachusetts
Massachusetts Financial Services Company Defined Contribution Plan covers 1,723 participants in Massachusetts, 2.6x the typical Massachusetts plan (state average ~659 per filing). Assets: $936M.
- #8,285
- in Finance & Insurance (8,549 peers)
- +11.5%
- assets growth YoY
- 9.4×
- vs typical plan assets (national mean)
Massachusetts Financial Services Company Defined Contribution Plan's outsized position by total assets
Massachusetts Financial Services Company Defined Contribution Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$935,592,812 Top 2% higher than 98% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Massachusetts Financial Services Company Defined Contribution Plan's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Massachusetts Financial Services Company Defined Contribution Plan lands in the large band (1,723 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Massachusetts Financial Services Company Defined Contribution Plan end-of-year assets rose from $839M in the plan year 2023 filing to $936M in the plan year 2024 filing.
- Massachusetts Financial Services Company Defined Contribution Plan reported net income fell from $107M in the plan year 2023 filing to $97M in the plan year 2024 filing.
- Massachusetts Financial Services Company Defined Contribution Plan reported participants rose from 1,683 in the plan year 2023 filing to 1,723 in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 042747644 · Massachusetts Financial Services Company PY 2024 · Money Purchase
Massachusetts Financial Services Company Defined Contribution Plan · $936M · 1,723 · 98th
- NET $936M
- NET 1,723
- NET 98th
- NET Money Purchase
- NET near Nysa-Ila Money Purchase Pension Fund and Plan
- NET ind #8285
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Massachusetts →
Massachusetts Financial Services Company Defined Contribution Plan in the asset neighbourhood
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $839M |
|---|---|
| Net Assets (End of Year) | $936M |
| Net Income | $97M |
| Employer EIN | 042747644 |
| Plan Effective Date | 1952-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Massachusetts Financial Services Company)
Sponsor-wide plan assets over time
All Massachusetts Financial Services Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.5B 28.633008315477177% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 3,256 | $1.2B |
| 2023 | 2 | 3,347 | $1.3B |
| 2024 | 2 | 3,434 | $1.5B |
Nearby Money Purchase Plans in Massachusetts
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
- Retirement Income Plan for Teaching Faculty of Harvard University $2.4B · 2,774
- Massachusetts Laborers' Annuity Fund $2.3B · 11,506
- Harvard University Defined Contribution Retirement Plan $2.0B · 14,571
- Electrical Workers Deferred Income Plan Local 103, I.B.E.W. $1.8B · 8,421
- Tufts University Basic Retirement Plan $1.0B · 5,769
Massachusetts Financial Services Company Defined Contribution Plan's out-of-state Money Purchase peers by assets and headcount
Outside Massachusetts, the nearest Money Purchase by assets is Nysa-Ila Money Purchase Pension Fund and Plan in NJ ($936M); by covered participants it is Iron Workers Local 399 Annuity Fund in NJ (1,711 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($936M here).
- Nysa-Ila Money Purchase Pension Fund and Plan (NJ) $936M · 4,689
- 401(a) Def Cont Ret Plan for Dartmouth College Faculty/Staff (NH) $933M · 4,152
- William Marsh Rice University Defined Contribution Retirement Plan (TX) $930M · 6,787
- Excavators Union Local 731 Annuity Fund (NY) $953M · 6,236
Similar participant headcount
Nearest other-state filings by covered participants (1,723 participants); asset peers above are excluded.
- Iron Workers Local 399 Annuity Fund (NJ) 1,711 · 12 off
- Unity Health Retirement Plan (AR) 1,736 · 13 off
- Defined Contribution Pension Plan for the Visiting Nurse Association Health Group, Inc. (NJ) 1,708 · 15 off
- Nmdp Employer Contribution Plan (MN) 1,708 · 15 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.